Steel

• Secondo quanto riferito, i funzionari starebbero redigendo una legislazione probabilmente volta a salvaguardare gli ultimi altiforni della Gran Bretagna e a salvare migliaia di posti di lavoro • La nazionalizzazione completa di British Steel dovrebbe essere annunciata nel discorso del Re questa settimana, a un anno di distanza da quando il governo ha assunto la gestione quotidiana dell'azienda in perdita dal suo proprietario cinese • Il produttore di acciaio, che impiega 3.500 persone nel suo impianto di Scunthorpe, è passato sotto il controllo del governo lo scorso aprile, a causa dei timori che il proprietario Jingye stesse pianificando la chiusura del sito. Continua a leggere...

Exclusive: Sev.en Global Investments could turn state-owned businesses into Britain’s biggest steelmakerBusiness live – latest updatesThe owner of the UK’s largest electric steelworks has said the government should find a single buyer for British Steel and Speciality Steel UK (SSUK), a move that would create the country’s biggest steelmaker.Sev.en Global Investments, owned by the Czech billionaire Pavel Tykač, said it not only plans to invest £100m in the UK – mainly in the electric arc steelworks in Cardiff it bought last year – but also has the ability to invest “hundreds of millions of pounds” more in Britain under its 7 Steel brand. Continue reading...

• Pittsburgh Steelers' 'Asked and Answered' session on April 28 addressed fan concerns over recent first-round offensive line selections. • The discussion referenced past misses like Jamain Stephens and quarterback records such as Mason Rudolph's 5-4-1 mark. • Injuries highlight the risks of drafting linemen, impacting team strategy for upcoming seasons.

Rival to government plans would scrap net zero policies, as party aims to woo sector after decades of job lossesReform UK has asked steel bosses to draw up an “alternative steel strategy” to rival recent government plans, stoking industry fears over a charm offensive by Nigel Farage’s party as it eyes gains in former Labour heartlands.Richard Tice, Reform’s deputy leader, met a group of bosses shortly before Labour announced new steel tariffs in March and commissioned them to draft a competing plan that will include scrapping net zero policies. Continue reading...

Agreements would aim to shield British industry from new steel tariffs and stricter rules on electric vehicles due in 2027Downing Street hopes to secure deals on steel and electric cars with the EU as it seeks to upgrade the post-Brexit economic relationship.Amid economic uncertainty caused by the conflict in the Middle East and strains in relations with the US, Keir Starmer is seeking closer economic ties with the EU. Continue reading...

UK official receiver understood to prefer Blastr as buyer for SSUK’s electric arc furnace in Rotherham and site in StocksbridgeBusiness live – latest updatesUK officials have entered exclusive talks with a Norwegian startup to buy the former Liberty Steel works in South Yorkshire, in a significant step towards its rescue.Norwegian-owned Blastr is understood to be the bidder preferred by the government’s official receiver to take on ownership of the UK’s largest existing electric arc furnace in Rotherham and other works in Stocksbridge, both in South Yorkshire. Continue reading...

Decision to reduce duty-free quotas by 47% aimed at curbing Chinese importsThe EU is to go ahead with plans to double tariffs and halve quotas on imports of steel from July, in a move designed to curb Chinese imports but which could damage UK exports to the bloc.The decision by EU lawmakers and member states after late night talks on Monday, will reduce duty-free quotas by 47%. Exact country allocations have yet to be determined. Continue reading...

• The Trump administration plans to implement tiered tariffs on steel and aluminum imports, with 50% duties on many derivative goods based on import value, 25% on others, and lower rates for some products. • This policy aims to protect US industry amid global trade tensions exacerbated by Middle East conflicts. • The measures could reshape international supply chains and provoke retaliatory actions from trading partners.